RBI Report Calls for Budget Redesign in Demographic Shift
The RBI's latest report emphasizes the urgent need to redesign state budgets, moving from mere repairs to comprehensive restructuring, driven by compelling demographic transition arguments.
Category : Business
Banerjee Calls for Structural Reforms, Questions GDP Rankings
Nobel laureate Abhijit Banerjee emphasized structural reforms over short-term budget focus at Hyderabad Literary Festival, critiquing GDP comparisons and highlighting malnutrition issues.
Chennai Bus Stop Renovation Leaves Commuters Without Shelter
The renovation of Asar Khana bus stop near Alandur metro station in Chennai has left thousands of commuters waiting on the road without shade or seating. The highways department promises temporary arrangements and completion by March.
Junk Debt Sales Soar After Trump Tariff Threat Recedes
Junk-debt sales surged globally as companies capitalized on easing geopolitical tensions after Trump abandoned Greenland-linked tariff threats, with record activity in US and European markets.
Russia Plans 40,000 Indian Workers in 2026
Russia plans to bring at least 40,000 Indian workers in 2026 to address a severe labor shortage caused by population decline and the Ukraine war, following a bilateral agreement signed in 2025.
Chennai's 800MW Power Plant Ready for Summer Demand
Tamil Nadu's new 800MW thermal power station in North Chennai has been declared commercially operational, providing crucial support to meet the state's expected summer power demand exceeding 22,000MW.
India-EU Successfully Conclude FTA Negotiations
India and the European Union have successfully concluded negotiations for a Free Trade Agreement, marking a significant milestone in bilateral trade relations.
Chennai Road Collapse: Traffic Crawls as Sewage Line Fails Again
Morning traffic on Chennai's Karukku Main Road near Ambattur ground slowed to a crawl after a sudden road cave-in, the second such incident in four months due to damaged underground sewage infrastructure.
AYUSH Insurance Grievances Rise in TN & Puducherry
Insurance ombudsman reports 8-10% annual increase in AYUSH-related complaints in Tamil Nadu and Puducherry following IRDAI's April 2024 directive for equal treatment coverage.
US Treasury Ends Booz Allen Contracts After Tax Leak
The US Treasury Department has severed all contracts with Booz Allen Hamilton after a former contractor leaked confidential tax information, including President Trump's returns, to media outlets.
Waltair Division Leads Indian Railways Freight Earnings
Waltair Division in Visakhapatnam achieved record freight earnings growth of ₹1,220 crore, with 66.7 million tonnes loaded and revenue exceeding ₹9,147 crore, while enhancing passenger services and green infrastructure.
KSRTC Bus Fare Hike on Mangaluru-Kasaragod Route
KSRTC Mangaluru division increases bus fares by Rs 7-10 on Mangaluru-Kasaragod route to offset losses from NHAI's new toll gate at Arikkady, sparking protests.
Dubai Firm to Sue Lebanon for $1.7 Billion Losses
Dubai-based Al Habtoor Group announces legal action against Lebanese authorities, citing $1.7 billion losses from economic crisis, banking restrictions, and political instability in Lebanon.
Madurai Railway Division Achieves High Punctuality and Revenue Growth
Madurai railway division reports 97% punctuality for mail/express trains and 98.5% for passenger trains, ranking second in India. Revenue surged 12% to ₹1,026 crore, with significant safety and infrastructure projects underway.
Amazon's Second Layoff Round Targets 30,000 Corporate Jobs
Amazon is reportedly planning a second round of layoffs this week, aiming to cut about 30,000 corporate jobs. The move follows last year's cuts and affects divisions like AWS and retail.
SWR Hubballi Marks Republic Day with Financial Milestones
South Western Railway in Hubballi celebrated Republic Day by announcing record revenues of Rs 6,939 crore, highlighting freight leadership and passenger service enhancements during festive seasons.
Vizag IT Boom: 16 Firms Invest Rs 10,600 Cr, 1.1 Lakh Jobs
District Collector Harendira Prasad announced major IT investments in Visakhapatnam, with 16 firms including Google and TCS setting up operations, creating 1.1 lakh jobs and boosting infrastructure development.
India-EU Seal Landmark Free Trade Agreement
India and the European Union have successfully concluded negotiations for a comprehensive free trade agreement, marking a major economic milestone. The pact is set to be signed at an early date, boosting bilateral trade and investment.
Trichy Railway Hits 95.5% Punctuality, 5th in India
Trichy railway division recorded 95.5% punctuality for express, passenger, and on-demand trains as of December 2025, securing fifth place among 69 divisions nationwide. Revenue grew by 9.6% to ₹423.9 crore.
BHEL Trichy ED on Delivery, Digitalization at Republic Day
BHEL Trichy's Executive Director S Prabhakar emphasized timely project delivery and digital transformation during Republic Day celebrations, highlighting the company's strong order book and Viksit Bharat 2047 vision.
AP Transco's Rs 9,319 Cr Plan for 55 Major Transmission Projects
Andhra Pradesh Transmission Corporation announces ambitious plan to complete 55 major transmission projects worth Rs 9,319.30 crore, adding significant transformation capacity and transmission lines to state grid.
MNRE, FinMin Discuss Capex Relief for Solar Manufacturing
MNRE Secretary reveals discussions with Finance Ministry for new capital subsidy scheme targeting polysilicon, ingot, and wafer manufacturing to boost India's solar PV supply chain.
India Customs Reforms: Budget 2025 Focus on Ease of Business
India's customs reforms are entering a new phase focusing on procedural simplification, digital integration, and time-bound resolutions. The upcoming budget is expected to address SVB investigations and provisional assessments to enhance ease of doing bus
DDA Nagrik Awas Yojana 2026: Delhi Flats 25% Off
Delhi Development Authority launches Nagrik Awas Yojana 2026 offering 25% discount on HIG, MIG, LIG, EWS flats in Narela and LIG units in Siraspur. Online bookings open January 28, 2026.
Axis Bank Reviews Capital Options for Axis Finance Subsidiary
Axis Bank is evaluating various strategies to inject capital into its consumer lending arm Axis Finance, including stake sales and direct infusion, following recent RBI regulatory changes that prompted a fresh assessment.
Renault Duster Returns with Hybrid Tech in India
Renault India launched the new-generation Duster SUV in Chennai, featuring turbo-petrol and hybrid powertrains. The model boasts high localisation and a 7-year warranty.
New Renault Duster Launched in India with Hybrid Option
Renault India has launched the new-generation Duster SUV, featuring strong hybrid technology, updated rugged design, and advanced connectivity for the Indian market.
Gold Hits Record $5,100+ Amid Geopolitical Rush
Spot gold surged 2.3% to $5,096.60 per ounce, reaching an all-time high of $5,110.50, driven by geopolitical uncertainties boosting safe-haven investments.
India-EU FTA Talks Conclude, Announcement Tomorrow
India and the European Union have successfully concluded negotiations for a landmark Free Trade Agreement (FTA). A formal announcement is scheduled for tomorrow, marking a major milestone in bilateral trade relations.
Driver Fired for Faking iPhone Delivery in Rochdale
A DPD delivery driver in Rochdale has been removed from service after home security footage allegedly showed him faking the delivery of a £1,200 iPhone 17 Pro Max and driving away with the parcel, prompting police involvement and company investigation.
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